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Business
IRFC Grants ₹4,200-Crore Term Loan to DVC Renewable Projects
✍️ NDTV Profit
🗓 29 Sep 2026, 01:17 AM
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Indian Railway Finance Corporation has approved a ₹4,200 crore term loan to support DVC Renewable Projects, marking a significant investment in India's renewable energy sector.
Indian Railway Finance Corporation (IRFC) announced today that it will provide a term loan of ₹4,200 crore to DVC Renewable Projects, a move that underscores the bank’s commitment to supporting green energy initiatives.
The loan, structured as a long‑term facility, is earmarked for the development and expansion of renewable power assets under DVC’s portfolio. By financing these projects, IRFC aims to accelerate the deployment of clean energy solutions across the country.
Experts note that the infusion of capital will help DVC scale up its operations, potentially adding several gigawatts of renewable capacity in the coming years. This aligns with India’s broader goal of boosting renewable energy generation to meet climate targets.
IRFC’s decision also reflects a growing trend among financial institutions to channel funds toward sustainable projects, positioning the corporation as a key player in the nation’s green transition.
The loan, structured as a long‑term facility, is earmarked for the development and expansion of renewable power assets under DVC’s portfolio. By financing these projects, IRFC aims to accelerate the deployment of clean energy solutions across the country.
Experts note that the infusion of capital will help DVC scale up its operations, potentially adding several gigawatts of renewable capacity in the coming years. This aligns with India’s broader goal of boosting renewable energy generation to meet climate targets.
IRFC’s decision also reflects a growing trend among financial institutions to channel funds toward sustainable projects, positioning the corporation as a key player in the nation’s green transition.